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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Office buildings
2131 Broad St Lansdale, PA 19446-1083
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US73-5830160
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2007
Total area
18,348 SF
Lot
1.33 ac (58,097 SF)
Zoning code
LPO
APN
35-00-01135-00-9
UPID
US73-5830160
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lice Clinics of America - Lansdale Medical Clinic
-
THR Insurance Agency Insurance Agency
-
Dental Solution USA Production Facility
-
Doowon USA, Inc. Equipment Importer
-
Local STD Testing Services Std Testing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.70M
Owner & transaction history
2131 North Broad Street Assocs · 19 yrs held
2131 North Broad Street Assocs
since 2006
7 recorded transactions
Zoning & alternative use
LPO · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lansdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansdale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,575,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,550,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$93 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$33,307
Tax year 2023
Assessed value
$831,960
Assessed 2024
Previous assessed
$831,960
+0.0% YoY
Effective rate
4.00%
On assessed value
Total market value
$831,960
Applied tax rate
35.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
1
Total area
18,348 SF
Lot
1.33 ac (58,097 SF)
Zoning code
LPO
APN
35-00-01135-00-9
UPID
US73-5830160
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LPO · Lansdale, PA
Zoning LPO · permitted uses
LPO · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lansdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
2131 North Broad Street Assocs
Individual
Mailing address
2131 N BROAD ST, LANSDALE, PA 19446-1083
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2006
$2,000,000
2131 North Broad Street Assocs
Hidden Meadow INC
Grant Deed
$1,600,000 · Quakertown National Bank
Apr 21, 2006
—
Hidden Meadow INC
—
Trustees Deed
related
$980,000 · Abington Bank
Mar 2, 2004
—
Hidden Meadow INC
Hidden Meadow INC
Quit Claim Deed
related
—
Oct 3, 2002
—
Hidden Meadows INC
—
Trustees Deed
related
$1,920,000 · Abington Bank
Feb 11, 2002
—
Hidden Meadow INC
—
Deed Of Trust
related
$1,000,000 · Abington Bank
Sep 21, 2001
—
Hidden Meadow INC
Sabokbar,nasser
Grant Deed
$175,000 · Abington Bank
—
—
2131 North Broad Street Assocs
—
Deed Of Trust
related
$1,600,000 · Qnb Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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